Jun. 13 at 5:37 PM
Macquarie Asset Mgmt is gearing up for a
$3.6B sale (18x to 20x EBITDA) of DIG Airgas (South Korea’s 3rd-largest industrial gas producer) attracting interest from
$KKR Brookfield, Squared Capital, Stonepeak, Air Liquide &
$APD
Sale run by
$GS &
$JPM
Macquarie acquired the company from MBK Partners in 2019 for
$1.85B - since then, the firm has expanded its footprint across industrial, electronic, & specialty gas segments, as well as gas equipment.